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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Pallisard who wrote (13959)8/24/1999 10:26:00 PM
From: golden_tee   Read Replies (1) of 27311
 
I see that the shorts are being flushed out more and more into the open. I don't know exactly why, but Zeev rubbed me the wrong way from day one. It was the "VLNC is a wonderful investment, if they don't go bankrupt tomorrow" type of statements that tipped me off. Johnson picked it up immediately too. Zeev, you are slime, excuses are neither believed or necessary. You are not a slime for shorting the stock, you are a slime for denying it while bashing the stock. I think that now that the recent shorts have been exposed as a ring of PM Deathspiral chasers (or causers), the squeeze will come fast and furious. I wonder just how legal it is to plot a massive one day short slam on a stock to force margin calls? Anyone care to investigate that one? Slime aside, I have a question for the group. It was suggested that Berg supported the price above $6 by buying on the open market. Later it was revealed that he bought the private placements. Does this mean that he bought both, or that we still don't know who was supporting the stock at $6? Did I miss something? Visnic, Larry, and Zeev need not respond.
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